Tether slams JPMorgan analysts for saying it may need to sell Bitcoin

Tencent, the operator of Chinese social media app WeChat, is planning to create a digital currency research group for the further advancement of blockchain technology research projects.On Dec. 23, Chinese media outlet iFeng reported that the Chinese internet giant released a statement to its employees saying that the company is currently on the lookout for…

Today the price of gold hit a new record-high at $2,008 and the asset is now in the price discovery phase. The precious metal appears to be rallying due to the declining U.S. dollar and this could also positively affect Bitcoin (BTC) in the medium-term due to the correlation between the two assets.Bitcoin vs Gold price…

The value of Ethereum (ETH) stolen via scams reached $36 million 2018, according to a report released by crypto analytics company Chainalysis on Jan. 23.According to the Chainalysis report, scams that occurred last year were reportedly more sophisticated, bigger and vastly more lucrative. Chainalysis also reports that Ethereum has “long been known as the cryptocurrency…

Noncustodial cryptocurrency exchange ShapeShift announced today the integration of nearly a dozen decentralized exchange, or DEX, protocols — a move designed to relieve both the company as well as users of Know Your Customer burdens while simultaneously offering traders superior liquidity, pricing, asset availability and security. Prior to the integrations, ShapeShift required users to undergo a…

The cryptocurrency market crash has eased pressure on the U.K.’s financial regulator to introduce hasty new rules for the sector, Reuters reported Nov. 20.As Reuters outlines, the U.K.’s Financial Conduct Authority (FCA) had been pressed to expedite new regulation for the rapidly growing crypto space, raising the risk of a heavy-handed approach that could impede…

India’s Delhi High Court is looking to put a clear voiceover and a disclaimer covering 80% of the screen on crypto ads on national TV. 216 Total views 4 Total shares Amid the ongoing regulatory uncertainty to cryptocurrencies in India, a high court in the country’s capital is taking action to regulate advertising by local…

The Bank of America (BoA) has won a patent for a system for enterprises to store customers’ crypto deposits, published by the U.S. Patent and Trademark Office (USPTO) yesterday, Nov. 13.The patent, first filed in mid-June 2014, outlines the background to the invention by stating that “as technology advances, financial transactions involving cryptocurrency have become…

Major cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP.The development was announced in an Oct. 2 press release, revealing that now businesses can accept the third-largest digital currency XRP for payments via BitPay’s cross-border payments platform. As part of the cooperation, BitPay is also integrating…